Posts

Showing posts with the label halving event

If You Invested 10,000 in Bitcoin (BTC) 2 Years Ago

Image
Bitcoin (BTC) made its debut back in 2009. Today, the asset stands tall with enormous support from across the globe. But the path to this level wasn’t as easy. The king coin faced several hurdles along the way. From being linked to the dark web to being widely criticized by global leaders, BTC has endured it all. Things took a major turn for the asset towards the end of 2024. The impact of the halving event and Donald Trump’s endorsement pushed BTC beyond $100,000. This article dives into the growth of the world’s largest cryptocurrency over the span of two years. Also Read: Cardano Founder Predicts Ethereum’s Demise Within 15 Years Bitcoin’s Rise To Its All-Time High Source: Watcher Guru Bitcoin witnessed one of its best years yet in 2024. The asset jumped from a low of $49,121.24 to its all-time high of $109,114.88 within a span of 12 months. Sadly, the past two months have been challenging for the cryptocurrency. BTC dipped below the $70,000 mark, causing pani...